Listed companies accounted for a little less than a third of the corporate tax in FY18, down from nearly 40 percent in FY17 and 49 percent a decade ago, Business Standard reported. India’s top companies listed in BSE500, BSE Mid-cap or BSE Small-cap index paid Rs 1.88 lakh crore in direct ... Read More »

Mikhail Svetlov | Getty Images Russian President Vladimir Putin (L) looks at U.S. President Donald Trump during the welcoming ceremony prior to the G20 Summit’s Plenary Meeting on November 30, 2018 in Buenos Aires, Argentina. Senior Russian officials publicly chided U.S. President Donald Trump following his announcement on Thursday that ... Read More »

Shares were off to a flying start on Monday, thanks to a sharp rally among consumption names in the last couple of hours. These, combined with a positive move on the rupee helped the indices end on a strong note. The Nifty closed above 10,600-mark. Recovery in prices of crude ... Read More »

  On the biggest shopping day of the year, U.K.-based trade union GMB is organizing a protest against Amazon for what it calls “inhuman” conditions for warehouse workers. Amazon has been under a microscope recently as it gets ready to bring 25,000 jobs to each of two new “headquarters” locations ... Read More »

President Donald Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year, according to three people familiar with the matter who are close to the president. Trump favors Linda McMahon to replace Ross in the role, said these people, who spoke on ... Read More »

Virgin Group founder Richard Branson suspended discussions with Saudia Arabia about a proposed $1 billion investment in Virgin’s space companies following allegations that journalist Jamal Khashoggi was murdered in the country’s consulate in Istanbul. “What has reportedly happened in Turkey around the disappearance of journalist Jamal Khashoggi, if proved true, ... Read More »

Technology is the second-worst-performing sector in the S&P 500 in the last week, with names such as Applied Materials, Nvidia, Adobeand PayPal among the group’s biggest losers in that time. Here’s what three market watchers said about tech stocks’ next move: Timothy Lesko, principal and partner at Granite Investment Advisors, said the recent downside isn’t ... Read More »

Using wind power to generate the electricity the US needs could cause a surprising amount of local warming, according to a new study. But wind power would still help the world stop pumping carbon dioxide into the atmosphere, which would fight climate change and global warming. There’s concern that fossil fuel interests might ... Read More »

Volvo Car Group’s billionaire owner warned of the looming trade war’s adverse effects, saying consumers and automakers such as his will be among those hurt by the dispute involving the US and China. Li Shufu, whose Zhejiang Geely Holding Group Co. owns the Swedish carmaker, said both Volvo and his ... Read More »

The sharing economy and online selling platforms have brought about many new opportunities for entrepreneurs and consumers. But it has also led to new opportunities for scammers. Sometimes, spotting a scam can be difficult for an individual. That’s where Fireball Approves comes in. The company’s owner was once almost a scam victim ... Read More »

What goes into the decision-making process when a diner is looking for a restaurant? According to the new TripAdvisor “Influences on Diner Decision-Making” survey, 94% of US diners are influenced by online reviews. The numbers are also quite high in other countries, with French, Spanish, and Italian diners coming in ... Read More »

Shares of Tata Consultancy Services (TCS) ended with over 2% gains on Wednesday, adding Rs 16,539 crore to its market valuation, on the company’s plan to buy back shares at its board meeting later this week. The stock gained 2.43% to end at Rs 1,824.20 on the BSE. During the ... Read More »